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Taxonomy & unit
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ratio: %
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Description
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Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
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Summary
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Coastal Financial Corp quarterly/annual Return On Equity history and growth rate from Q4 2018 to Q2 2024.
- Coastal Financial Corp Return On Equity for the quarter ending June 30, 2024 was 12.6 %, a 36.3% decline year-over-year.
- Coastal Financial Corp annual Return On Equity for 2023 was 16.1 %, a 11.3% decline from 2022.
- Coastal Financial Corp annual Return On Equity for 2022 was 18.1 %, a 11.1% increase from 2021.
- Coastal Financial Corp annual Return On Equity for 2021 was 16.3 %, a 43.5% increase from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)